Last year was a mediocre one for South Africa: the JSE ALSI ended 2015 only 5.13% up over the 12 months and GDP growth was well south of 2% for the full year.

Property statistics for the fourth quarter of 2015 released by ooba, South Africa’s largest bond originator, show house prices continued to grow in excess of inflation as the demand for residential property remained buoyant despite a weakening economy.

The pressure that for some two years now has been felt by the South African consumer, although regrettable, could be having a beneficial effect in one respect.

Rawson Property Group agents in Cape Town’s Southern Suburbs have been reporting increasing interest in the area’s luxury market, with sales continuing to heat up in spite of the ongoing economic pressure being experienced in South Africa.

A country renowned for breaking world records, this is one we do not want.

Port Elizabeth-based property company Just Letting was named best lettings agency in Africa at the International Property Awards in London last week.

Proposed merger between Southern Sun Proprietary Limited (SSH) and Majormatic 194 Proprietary Limited (Majormatic).

The recent opening of the R330 million Carletonville Mall on the West Rand has re-ignited interest in the residential property market in Carletonville itself, which has, like many mining towns, gone through some challenging times over the past few years.

Following a year which was saw South Africa’s housing market rise to the challenge amid tough economic conditions, a number of positives stand out, says Dr Andrew Golding, chief executive of the Pam Golding Property group.

Johannesburg & London, 9 December 2015 - JLL (NYSE:JLL) today announced the acquisition of Trussard Property Consultants, a leading local real estate leasing and investment agency business, based in Johannesburg.  The addition of Trussard will further accelerate the strong growth momentum in JLL’s South Africa business which is based in Rosebank, Johannesburg.